Progressive markets

Latest Report on Global Small Wind Power Market 2014-2025

The global small wind power market is expected to grow at a CAGR of 20.1% from 2017 to 2025.

Portland, OR -- (SBWIRE) -- 07/19/2017 -- Small wind turbines comprise a wide range of wind turbines ranging from micro turbines to residential turbines and mini turbines. The wind turbines used in these end-use applications have power ratings ranging from a few watts to thousand watts. Small wind turbines include wind turbines up to 15 meters in diameter. Such wind turbines may have power ratings ranging from 50kW to 100 kW. A small wind power system can be easily connected either to an electric grid using a power provider or as a standalone system, which is also known as an off-grid system. Therefore, small wind electric systems are a feasible option, especially in rural areas that are not connected to electric grids. The global small wind power market is expected to grow at a CAGR of 20.1% from 2017 to 2025.

The global small wind power market is segmented based on type, application, and geography. Based on type, the market is divided into horizontal axis wind turbine and vertical axis wind turbine. The application areas of the market are classified as on-grid and off-grid markets. The market is analyzed based on four regions, which include North America, Europe, Asia-Pacific, and LAMEA.